Europe contributes about 18% to the world’s military spending. This massive procurement has helped boost its directed energy weapon market as well. It accounted for 24.80% of the world’s market share for directed energy weapons. The European investments in the development of energy weapon have increased its overall growth rate. Its directed energy weapon market is estimated to be $1101.21 million in 2014, and expected to reach $3846.60 at a CAGR of 18% from 2014 to 2020.

The last few years witnessed a well-paced revolution in the directed energy weapon market. The difficulties identified in the directed energy weapon market are, high development cost, large size, deflection due to dust, water vapor, and beam absorption by conductive materials. The challenges faced by this market include technological snag, fratricide, and bulkiness.

There have been huge investments in the developments and demonstrations of directed energy weapons. All these developments have created demand for better and more stable technology. High-energy laser technology is the most preferred and applicable technology used for the development of directed energy weapons.

The driving factors in this market are changing nature of warfare, innovation, and replenishment programs and the protests, political disputes, conflicts, and the turmoil.

This report includes the market share, supply chain, and value chain analyses, besides market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.

Related Reports:

North America Directed Energy Weapon Market
Directed energy weapon is electromagnetic weapon operating at the speed of light to reach a long distance in spilt seconds. Directed energy weapon systems convert electrical/chemical energy into a beam or pulse effect, which can be regulated to achieve specific results. The intensity, duration, focus of the beam, and wavelength can be manipulated to achieve precise results.

This report presents a complete analysis of the Directed energy weapon market in North America from 2013 to 2018. It analyses the directed energy weapons market by technology, application areas, products, and country. The technology segment is further segmented into high-energy laser, high-power microwave, and particle beam. It provides an insights into regional trends on spending, analyzes market size of North America, and also data on spending pattern by the sub-sector.

Asia-Pacific Directed Energy Weapon Market
This report presents a complete analysis of the Directed energy weapon market in Asia-Pacific from 2013 to 2018. It analyses the directed energy weapons market by technology, application areas, products, and country. The technology segment is further segmented into high energy laser, high power microwave and particle beam. It provides an insights into regional trends on spending, analyzes market size of Asia-Pacific, and also data on spending pattern by the sub-sector.

The Asia-Pacific’s Directed energy weapon market was estimated at $562.46 million in 2013 and expected to reach $1895.87 million by 2018, growing at a CAGR of approximately 27.5% from 2013 to 2018. The Asia-Pacific directed energy weapons market constitutes 11.3% of the global directed energy weapon market in 2013. Around 80% of the total DEW market of Asia-Pacific was accounted for by defense applications and the remaining 20% was under homeland security in 2013. Changing nature of warfare and innovation and replenishment programs are the factors which are driving the growth of the market. It is observed that the high energy laser has the highest market size among the other technologies.

Latin America Directed Energy Weapon Market
Directed energy weapons are electromagnetic weapons operating at the speed of light to reach a long distance in spilt seconds. Directed energy systems convert electrical or chemical energy into a beam or pulse effect, which can be regulated to achieve specific results. The intensity, duration, focus of the beam, and wavelength can be manipulated to achieve precise results.

This report presents a complete analysis of the DEW market in Latin America across the forecast period of five years. It analyses the directed energy weapons market by technology, application areas, products, and country. The technology segment is further segmented into high-energy laser, high-power microwave, and particle beam. It provides an insights into regional trends on spending, analyzes market size of Latin America, and also data on spending pattern by the sub-sector.

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